NFA has permanently barred Rapid City, S.D. commodity trading advisor The Stock Mentor LLC (Stock Mentor) and its principal and associated person, Brian Kelly Johnson, from membership and from acting as a principal of an NFA Member.
The Decision, issued by an NFA Hearing Panel, is based on a Complaint issued by NFA’s Business Conduct Committee on March 8, 2018, and a settlement offer submitted by Stock Mentor and Johnson. The Hearing Panel found that Stock Mentor failed to distribute a disclosure document to at least one customer and that Stock Mentor and Johnson used a materially misleading and false disclosure document.
Here you can find the complete text of the National Futures Association Decision: Decision_(WO AFFD)_TheStockMentorLLC&BrianK.Johnson_2018_0502
NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs.
Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.
